Topic: Would you buy the ASIC Miner from EBay? (Read 573 times)
definitely not, don't buy asic miners full stop
That is true.
Well, Im basing it on fact that I had three real orders
1st - eBay - scammed
2nd - amazon - OK
3rd - asic labs - OK
I guess you can get a decent miner on ebay.. just bad luck on my side :/
Well, Im basing it on fact that I had three real orders
1st - eBay - scammed
2nd - amazon - OK
3rd - asic labs - OK
I guess you can get a decent miner on ebay.. just bad luck on my side :/
Yes, only if the price is right so I can be sure to make profit in BTC terms 
From the ones I have seen it's about half they're dreaming you'll pay! On and off Ebay.
Would you guys buy the miners on eBay?
If answer is no, let us hear your reasonings!
If answer is no, let us hear your reasonings!
Yes, only if the price is right so I can be sure to make profit in BTC terms
After I got scammed on ebay, I wouldnt recommend it :/
Plenty have been scammed by non-delivery ASIC products too.
1) Listen to DrG
2) If you can get one elsewhere and resell it on Ebay you're laughing.
Buying though I would not unless there was a significant price advantage
and then I would not expect to get it at a price I'd accept as there would be
keen interest - I'd rather have a bunch anyway at once rather than small
deposits frequently.
Our ASICs are pretty much single purpose devices - you can't even really
password crack sha256 with them because it involves x like in this
formula - sha256(sha256(x)).
Mining shares/contracts might be worth a look at but due diligence must be done there.
2) If you can get one elsewhere and resell it on Ebay you're laughing.
Buying though I would not unless there was a significant price advantage
and then I would not expect to get it at a price I'd accept as there would be
keen interest - I'd rather have a bunch anyway at once rather than small
deposits frequently.
Our ASICs are pretty much single purpose devices - you can't even really
password crack sha256 with them because it involves x like in this
formula - sha256(sha256(x)).
Mining shares/contracts might be worth a look at but due diligence must be done there.
After I got scammed on ebay, I wouldnt recommend it :/
As a miner from 2011 I will tell new users there's only 1 reason to mine:
If the cost of obtaining the miner + electricity cost to run the miner for 1 year < the current price BTC * how many BTC can be mined by the device in 1 year
Use a mining calculator site like thegenesisblock.com to figure out projected BTC income.
Otherwise they is absolutely no point buying mining hardware. If you have free/cheap electricity you have a narrow chance of making a profit, otherwise you are better off just buying the BTC directly and paying more attention to it's implementation.
If the cost of obtaining the miner + electricity cost to run the miner for 1 year < the current price BTC * how many BTC can be mined by the device in 1 year
Use a mining calculator site like thegenesisblock.com to figure out projected BTC income.
Otherwise they is absolutely no point buying mining hardware. If you have free/cheap electricity you have a narrow chance of making a profit, otherwise you are better off just buying the BTC directly and paying more attention to it's implementation.
No, because I think that the prices are overhyped right now and you will never be able to make a return on your investment... also if you just want to buy these to mine as a hobby I would wait as the prices will probably plummet next month with the expected rise in difficulty...
Would you guys buy the miners on eBay?
If answer is no, let us hear your reasonings!
If answer is no, let us hear your reasonings!
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